Dec 31, 2012 1:00pm PST
, there is some good news in that she's expected to recover. >> turning back to the fiscal cliff, just this hour we have reports of republicans claiming the president is holding up talks over the sequester. now we have senator mitch mcconnell and the president saying they want a deal on taxes first before dealing with the sequester. what's going on down there? >> reporter: well, there's this final sticking point of the sequester. they have agreed to this tax deal, which is not insignificant, of course. this tax deal which will increase taxes on individuals making $400,000 or more and couples making $450,000 or more because, remember, some republicans have been resistant to raise taxes at all. the hangup over the sequester is that the white house is saying, democrats are saying let's extend it, stave it off for a year, and pay for it with new tax revenues. republicans say, no, let's deal with it in the nearer future. that's really where the fight is coming together, but these negotiations continue to evolve and my sources tell me they're still optimistic for a deal. >> kristin welker, thank you.
Dec 28, 2012 1:00pm PST
on the fiscal cliff wrapped up just moments ago. the president met for one hour and five minutes with speaker boehner and other congressional leaders. none of the participants spoke to reporters on the way out of the white house, but all of washington is waiting with bated breath to find out what was said and if anything was actually decided. we're going to go to washington and check in with representative she'll l ly jackson lee. obviously members of congress, you came back in anticipation of reconvening on sunday. i'm wondering if you're hearing anything out of the meeting and if you're hopeful a deal can be reached. >> silence is sometimes golden and i have been drinking my starbucks come together coffee all day long. i'm hoping the president served the leadership while they were at the white house. silence, as i said, may be a good sign. frankly, i believe it's important for the leadership to get back to fellow leaders and members possibly to run by them what i believe was a proposal that the president offered, either come up with by your own proposal or take my plan, which the president